The Ayutthaya Kingdom or the Empire of Ayutthaya was a Mon and later Siamese kingdom that existed in Southeast Asia from 1351 to 1767, centered around the city of Ayutthaya , in Siam, or present-day Thailand . European travellers in the early 16th century called Ayutthaya one of the three great powers of Asia (alongside Vijayanagara and China). The Ayutthaya Kingdom is considered to be the precursor of modern Thailand, and its developments are an important part of the history of Thailand .
145-664: The Siamese–Vietnamese wars were a series of armed conflicts between the Siamese Ayutthaya Kingdom and Rattanakosin Kingdom and the various dynasties of Vietnam mainly during the 18th and 19th centuries. Several of the wars took place in modern-day Cambodia . The political, dynastic, and military decline of the Khmer Empire after the 15th century, known as the Post-Angkor Period , left
290-633: A fleet of eight ships under Jacob van Neck had been the first Dutch fleet to reach the 'Spice Islands' of Maluku (also known as the Moluccas), cutting out the Javanese middlemen. The ships returned to Europe in 1599 and 1600 and the expedition made a 400 percent profit. In 1600, the Dutch joined forces with the Muslim Hituese on Ambon Island in an anti-Portuguese alliance, in return for which
435-545: A power vacuum in the Mekong floodplains of central Indochina. United under strong dynastic rule, both Siam to the west and Vietnam to the east sought to achieve hegemony in the lowland region and the Lao mountains. The Siamese introduced — and Vietnam soon followed — the hostage system for Cambodian royals, who were relocated to their courts, actively undermining royal affairs and shaping future Cambodian policies. Eventually, territory
580-493: A 14-month siege, the city of Ayutthaya fell to besieging Burmese forces and was completely destroyed, thereby ending the 417-year-old Ayutthaya Kingdom. Siam, however, quickly recovered from the collapse and the seat of Siamese authority was moved to Thonburi - Bangkok within the next 15 years. In foreign accounts, Ayutthaya was called "Siam", but people of Ayutthaya called themselves Tai , and their kingdom Krung Tai ( Thai : กรุงไท ) meaning 'Tai country' ( กรุง ไท ). It
725-653: A Dutch ship. The Cambodians defeated the VOC in the Cambodian–Dutch War from 1643 to 1644 on the Mekong River. In 1640, the VOC obtained the port of Galle , Ceylon , from the Portuguese and broke the latter's monopoly of the cinnamon trade. In 1658, Gerard Pietersz Hulft laid siege to Colombo , which was captured with the help of King Rajasinghe II of Kandy . By 1659, the Portuguese had been expelled from
870-469: A capital of 6,440,200 guilders , the new company's charter empowered it to build forts, maintain armies, and conclude treaties with Asian rulers. It provided for a venture that would continue for 21 years, with a financial accounting only at the end of each decade. In February 1603, the company seized the Santa Catarina , a 1500-ton Portuguese merchant carrack , off the coast of Singapore. She
1015-620: A center of trade, fostered by Narai. Of these competing foreign influences, Narai tended to favor relations with the French, wary of the growing Dutch and English colonial possessions in the South China Sea . Soon, Narai began to welcome communities of French Jesuits into his court, and pursue closer relations with both France and the Vatican . Indeed, the many diplomatic missions conducted by Narai to such far-flung lands are some of
1160-458: A faction of native Siamese courtiers, Buddhist clergy, and other non-Catholic and/or non-French elements of Narai's court began to resent the favorable treatment French interests received under his reign. This hostile attitude was especially directed at Constantine Phaulkon , a Catholic Greek adventurer and proponent of French influence who had climbed to the rank of Narai's Prime Minister and chief advisor of foreign affairs. Much of this turmoil
1305-697: A greatly expanded Siamese kingdom to be ruled by his younger brother, Ekathotsarot (Sanphet III). Ekathotsarot's reign was marked with stability for Siam and its sphere of influence, as well as increased foreign interactions, especially with the Dutch Republic , Portuguese Empire , and Tokugawa Shogunate (by way of the Red Seal Ships ), among others. Indeed, representatives from many foreign lands began to fill Siam's civil and military administration – Japanese traders and mercenaries led by Yamada Nagamasa , for example, had considerable influence with
1450-433: A large capital 'V' with an O on the left and a C on the right half and was possibly the first globally recognised corporate logo . It appeared on various corporate items, such as cannons and coins. The first letter of the hometown of the chamber conducting the operation was placed on top. The monogram, versatility, flexibility, clarity, simplicity, symmetry, timelessness, and symbolism are considered notable characteristics of
1595-549: A large share of its profits to this end in the period up to 1630. The VOC traded throughout Asia, benefiting mainly from Bengal . Ships coming into Batavia from the Netherlands carried supplies for VOC settlements in Asia. Silver and copper from Japan were used to trade with the world's wealthiest empires, Mughal India and Qing China , for silk, cotton, porcelain, and textiles. These products were either traded within Asia for
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#17327839922301740-579: A maritime state to more of a hinterland state during the 15th and 16th centuries. Its absorption of the Northern Cities and the shifting of trade power to the inland trade routes with China facilitated this change of policy. The reign of King Borommatrailokkanat was the peak of this merger between the basin and the Northern Cities , being the scion of generations of intermarriage between the two. Even though Borommatrailokkanat symbolized
1885-702: A monopoly on East Indies trade. In 1620, diplomatic agreements in Europe ushered in a period of collaboration between the Dutch and English spice trades. This ended with the notorious Amboyna massacre , where ten Englishmen were arrested, tried and beheaded for conspiracy against the Dutch government. Although this caused outrage in Europe and a diplomatic crisis, the English quietly withdrew from most of their Indonesian activities (except trading in Banten) and focused on other Asian interests. In 1619, Jan Pieterszoon Coen
2030-425: A new city named Sangkaburi (สังขะบุรี) on the south bank of Lopburi River near the present-day Wat Thammikarat Sakorn ruled the city for 97 years until he died in 974 and the throne was then transferred to another royal lineage from Inthapatnakhon (อินทปัตนคร), Phraya Khodhom (พระยาโคดม), who then relocated the city eastward to the right bank of Pasak River near the present Wat Ayodhya [ th ] , and
2175-463: A new era of an abundant supply of capital at low interest rates suddenly opened around this time. The second factor enabled the company easily to finance its expansion in the new areas of commerce. Between the 1680s and 1720s, the VOC was therefore able to equip and man an appreciable expansion of its fleet, and acquire a large amount of precious metals to finance the purchase of large amounts of Asian commodities, for shipment to Europe. The overall effect
2320-521: A number of rewards for the number of enemies beheaded. The introduction of elephants, guns, and mercenaries made wars in Southeast Asia much more chronic and much more deadly. By the late 16th century, Pegu (Bago) suffered a severe conscript revolt, Ayutthaya phrai fled into the forests or bribed the conscription officers, and the construction of sturdier and stronger city walls made warfare largely ineffective. The Ayutthaya Kingdom shifted from
2465-502: A number of tributary states. Starting in the middle of the 16th century, the kingdom came under repeated attacks by the Taungoo dynasty of Burma . The Burmese–Siamese War (1547–1549) resulted in a failed Burmese siege of Ayutthaya. A second siege (1563–1564) led by King Bayinnaung forced King Maha Chakkraphat to surrender in 1564. The royal family was taken to Pegu (Bago), with the king's second son Mahinthrathirat installed as
2610-414: A prolonged period of peace and commerce, beginning with the reign of Ekathotsorot . The Portuguese and Dutch conquest of Malacca encouraged Asian traders to bypass Malacca by crossing the portage route mid-peninsula, controlled by Ayutthaya. This was a period of the great Asian empires: Ottoman Empire , Safavid Empire , Mughal Empire , Ming and Qing China , and Tokugawa Japan. Ayutthaya therefore became
2755-628: A prominent role. Under the reign of Maha Chakkraphat , the Northern lords, led by the Lord of Phitsanulok, Maha Thammarachathirat , became kingmakers in Ayutthaya. The final nail for this transition was the overthrow of the Suphanburi clan from the Ayutthaya throne following the 1569 Burmese capture of Ayutthaya, placing Maha Thammarachathirat on the Ayutthaya throne. The 15th century also marked
2900-421: A quarter of the initial shareholders were Zuid-Nederlanders (people from an area that includes modern Belgium and Luxembourg ), and there were also a few dozen Germans. The VOC had two types of shareholders: the participanten , who could be seen as non-managing members, and the 76 bewindhebbers (later reduced to 60) who acted as managing directors. This was the usual set-up for Dutch joint-stock companies at
3045-456: A single voyage and to be liquidated upon the return of the fleet. Investment in these expeditions was a very high-risk venture, not only because of the usual dangers of piracy, disease and shipwreck, but also because the interplay of inelastic demand and relatively elastic supply of spices could make prices tumble, thereby ruining prospects of profitability. To manage such risk, the forming of a cartel to control supply would seem logical. In 1600,
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#17327839922303190-452: A trade surplus with other European countries. Coen discovered the obvious solution for the problem: to start an intra-Asiatic trade system, whose profits could be used to finance the spice trade with Europe. In the long run this obviated the need for exports of precious metals from Europe, though at first it required the formation of a large trading-capital fund in the Indies. The VOC reinvested
3335-414: A trading post in the area and eventually to monopolise the trade there, especially the gold trade. By 1669, the VOC was the richest private company the world had ever seen, with over 150 merchant ships, 40 warships, 50,000 employees, a private army of 10,000 soldiers, and a dividend payment of 40% on the original investment. Many of the VOC employees inter-mixed with the indigenous peoples and expanded
3480-676: A treaty of 1684 with the Sultan. Also, on the Coromandel Coast , it moved its chief stronghold from Pulicat to Nagapattinam , so as to secure a monopoly on the pepper trade to the detriment of the French and the Danes. However, the importance of these traditional commodities in the Asian-European trade was diminishing rapidly at the time. The military outlays that the VOC needed to make to enhance its monopoly were not justified by
3625-651: A tribute mission to Song dynasty in 1180 and Phetchaburi to the Yuan dynasty in 1294 and tribute missions to Vijaynagar empire between 1400 and 1500 Archaeological findings have found evidence of buildings on the island of Ayutthaya prior to the 12th century. Pottery shards have been discovered to have been dated as early as the 1270s. Some temples to the east of Ayutthaya, off the island, have been known to exist before 1351. Recent archaeological works reveal pre-existing barays superimposed on by subsequent structures. The Tamnan mulasasana Buddhist chronicle notes that in
3770-445: A turning point in Ayutthaya's view of itself. King Borommatrailokkanat performed some sort of coronation ceremony, the first in Ayutthaya history, in the 1460s. Prior to the 15th century, Ayutthaya's palaces and temples were inferior in grandeur to cities such as Sukhothai and Phitsanulok. By the early 16th century, Ayutthaya had now rivalled its regional competitors in its city grandeur, building magnificent wats and palaces for kings with
3915-721: Is observed annually on 18 January as Royal Thai Armed Forces day. Later that same year warfare erupted again (the Burmese–Siamese War (1593–1600) ) when the Siamese invaded Burma, first occupying the Tanintharyi province in southeast Burma in 1593 and later the cities of Moulmein and Martaban in 1594. In 1599, the Siamese attacked the city of Pegu but were ultimately driven out by Burmese rebels who had assassinated Burmese King Nanda Bayin and taken power. In 1613, after King Anaukpetlun reunited Burma and took control,
4060-736: Is also mentioned in the Burmese chronicle, Hmannan Yazawin , which mentions the Gywan warriors marched to Thaton kingdom in 1056 AD as inscribed on the Burmese inscriptions at Arakan Pagoda, Mandalay . The Hmannan Yazawin said the south-eastward country of the Gywans, also called Ayoja . George Cœdès pointed out that Ayoja or Arawsa meant Ayudhya = Siam. In 877, a royal lineage from Bang Pan (present-day in Phran Kratai , Kamphaeng Phet ), Phra Maha Buddha Sakorn (พระมหาพุทธสาคร), founded
4205-575: Is used to make a distinction from the [British] East India Company (EIC) and other East Indian companies (such as the Danish East India Company , French East India Company , Portuguese East India Company , and the Swedish East India Company ). The company's alternative names that have been used include the 'Dutch East Indies Company', 'United East India Company', 'Jan Company', or 'Jan Compagnie'. Before
4350-603: The Amsterdam Stock Exchange ). The company possessed quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike its own coins , and establish colonies. Also, because it traded across multiple colonies and countries from both the East and the West, the VOC is sometimes considered to have been the world's first multinational corporation . Statistically,
4495-703: The Dutch East India Company , was a chartered trading company and one of the first joint-stock companies in the world. Established on 20 March 1602 by the States General of the Netherlands amalgamating existing companies , it was granted a 21-year monopoly to carry out trade activities in Asia. Shares in the company could be purchased by any citizen of the United Provinces (Dutch Republic) and subsequently bought and sold in open-air secondary markets (one of which became
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4640-493: The Dutch Republic was at war. The Portuguese Empire thus became an appropriate target for Dutch military incursions. These factors motivated Dutch merchants to enter the intercontinental spice trade themselves. Further, a number of Dutch merchants and explorers, such as Jan Huyghen van Linschoten and Cornelis de Houtman , went on to obtain firsthand knowledge of the "secret" Portuguese trade routes and practices that were already in place, thereby providing further opportunity for
4785-599: The Dutch Revolt , which began in 1566/68, the Flemish city of Antwerp had played an important role as a distribution center in northern Europe. After 1591, the Portuguese used an international syndicate of the German Fugger family and Welser family , as well as Spanish and Italian firms, which operated out of Hamburg as the northern staple port to distribute their goods, thereby cutting Dutch merchants out of
4930-624: The Heeren XVII (the Lords Seventeen). They were selected from the bewindhebber -class of shareholders. Of the Heeren XVII , eight delegates were from the Chamber of Amsterdam (one short of a majority on its own), four from the Chamber of Zeeland, and one from each of the smaller Chambers, while the seventeenth seat was alternatively from the Chamber of Middelburg-Zeeland or rotated among the five small Chambers. Amsterdam had thereby
5075-679: The Malabar and Coromandel coasts in India. Direct access to mainland China came in 1729 when a factory was established in Canton . In 1662, however, Koxinga expelled the Dutch from Taiwan ( see History of Taiwan ). In 1663, the VOC signed the "Painan Treaty" with several local lords in the Painan area that were revolting against the Aceh Sultanate . The treaty allowed the VOC to build
5220-400: The Northern Cities and a transition to a hinterland state, Ayutthaya centralized and became one of the great powers of Asia. From 1569 to 1584, Ayutthaya was a vassal state of Toungoo Burma , but quickly regained independence. In the seventeenth and eighteenth centuries, Ayutthaya emerged as an entrepôt of international trade and its cultures flourished. The reign of Narai ( r. 1657–1688)
5365-608: The Portuguese , and expanded Siam's foreign trade ties to include both the English East India Company and French East India Company , along with new merchant colonies in Siam representing communities from all across Asia. Additionally, Songtham maintained the service of Yamada Nagamasa, whose Japanese mercenaries were at this point serving as the king's own royal guard . As Songtham's life began to fade,
5510-469: The Suphannabhum dynasty based on Suphanburi. Traditional narratives argued that Ayutthaya conquered Sukhothai, Angkor , etc., but more modern narratives argue that territorial conquest was a European thing and not a Southeast Asian thing. Rather, the processes which saw Ayutthaya expand was one of political merger and consolidation between the cities at the head of the peninsula and slowly ascending up
5655-586: The capture of Malacca by the Portuguese. Ayutthaya's attention to the portage routes across the upper peninsula meant that it did not send a military expedition to the lower peninsula and the Malay States throughout the 16th century. Ayutthaya's sphere of influence was now stretched from the Northern Cities to the Malay Peninsula, with its heartland centered around the old Ayutthaya-Suphanburi-Lopburi-Phetchaburi polity. The Muang Look Luang system
5800-465: The 11th century or at least several centuries prior to 1351. The earliest written records of Ayutthaya in the Chinese chronicles is that a Chinese official fled to Xian in 1282/83. Xian first sent an embassy to China in 1292, who the Chinese then requested another embassy soon after that, signifying Ayutthaya's early prominence before Ayutthaya's founding. While older and traditional scholars argue that
5945-491: The 1320s, two Buddhist monks visited Ayutthaya in search of scriptures and that a previous monk had been honored by the "King of Ayodhia" on his return from Lanka . Since the late 13th century, expeditions were sent to the Malay Peninsula and Sumatra in the goal of extracting resources to gain a share of the maritime trade. Other contemporary scholars argued that Ayutthaya had been an important commercial center since
Siamese–Vietnamese wars - Misplaced Pages Continue
6090-420: The 1760s , whose post-Ayutthaya monarchs ( Taksin and Rama I ), held close ties, through blood and through political connections, to this Sino-Siamese community. Between 1600 and 1767, all but two royal successions were contested in a mini civil war in the capital. The throne became such a powerful and lucrative source of wealth during the 150 years of prosperity that many royals harbored ambitions to seize
6235-640: The Burmese in 1767, stating: Clearly, however, the late 1600s and especially the early 1700s inaugurated a period not of sustained decline, but of Chinese-assisted economic vitality that would continue into the 19th century. Instead, the 18th century was arguably the Ayutthaya Kingdom's most prosperous, particularly due to trade with Qing China . The growth of China's population in the late 17th–18th centuries, alongside nationwide rice shortages and famines in Southern China, meant that China
6380-571: The Burmese invaded the Siamese-held territories in Tanintharyi province, and took Tavoy. In 1614, the Burmese invaded Lan Na which at that time was a vassal of Ayutthaya. Fighting between the Burmese and Siamese continued until 1618 when a treaty ended the conflict. At that time, Burma had gained control of Lan Na and while Ayutthaya retained control of southern Tanintharyi (south of Tavoy). The cessation of warfare around 1600 gave way to
6525-500: The Chao Phraya River Basin to the Northern Cities. The culture of early Ayutthaya, described by Ma Huan , a scribe on Zheng He's voyages , in the early 15th century, described Ayutthaya as a rowdy port town, whose men practice fighting on water, and where the affairs of everyday life was arranged by the women. The cities on the peninsula regularly complained to the Chinese court about constant Siamese attacks down
6670-425: The Chinese court chronicles. The integrity of the patchwork of cities of early Ayutthaya Kingdom was maintained largely through familial connections under the mandala system . King Uthong had his son, Prince Ramesuan , the ruler of Lopburi (Lavo), his brother, the ruler of Praek Sriracha (in modern Chainat Province ) and his brother-in-law, Khun Luang Pa-ngua , the ruler of Suphanburi. The ruler of Phetchaburi
6815-643: The Dutch East Indies for the first time in its history. After the Fourth Anglo-Dutch War , the VOC's financial issues worsened considerably. After vain attempts at reorganisation by the provincial States of Holland and Zeeland , the board of directors in the VOC were sacked in 1796 and the company's management was handed over to a Committee for Affairs relating to East India Trade and Possessions (Dutch: Comité tot de zaken van de Oost-Indische handel en bezittingen ). The VOC charter
6960-488: The Dutch captain's life on condition that he joined his army and trained his soldiers on modern lines. This defeat in the Travancore–Dutch War is considered the earliest example of an organised Asian power overcoming European military technology and tactics; and it signalled the decline of Dutch power in India. The attempt to continue as before as a low volume-high profit business enterprise with its core business in
7105-553: The Dutch to enter the trade. The stage was thus set for Dutch expeditions to the Indonesian islands , beginning with James Lancaster in 1591, Cornelis de Houtman in 1595 and again in 1598, Jacob Van Neck in 1598, Lancaster again in 1601, among others. During the four-ship exploratory expedition by Frederick de Houtman in 1595 to Banten , the main pepper port of West Java, the crew clashed with both Portuguese and indigenous Javanese. Houtman's expedition then sailed east along
7250-539: The Dutch were given the sole right to purchase spices from Hitu. Dutch control of Ambon was achieved when the Portuguese surrendered their fort in Ambon to the Dutch-Hituese alliance. In 1613, the Dutch expelled the Portuguese from their Solor fort, but a subsequent Portuguese attack led to a second change of hands; following this second reoccupation, the Dutch once again captured Solor in 1636. East of Solor , on
7395-505: The Dutch. Despite the departure of most Europeans from Ayutthaya, their economic presence in Ayutthaya was negligible in comparison to the Ayutthaya China-Indian Ocean trade. Lieberman, later reinforced by Baker and Phongpaichit, refutes the idea that Siam's alleged isolationism from global trade following the French and English departure in 1688 led to Ayutthaya's gradual decline leading up to its destruction by
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#17327839922307540-711: The East Indies, but implementation of this policy never materialised, mainly because very few Dutch were willing to emigrate to Asia. Another of Coen's ventures was more successful. A major problem in the European trade with Asia at the time was that the Europeans could offer few goods that Asian consumers wanted, except silver and gold. European traders therefore had to pay for spices with the precious metals, which were in short supply in Europe, except for Spain and Portugal. The Dutch and English had to obtain it by creating
7685-455: The English were the first to adopt this approach by bundling their resources into a monopoly enterprise, the English East India Company , thereby threatening their Dutch competitors with ruin. In 1602, the Dutch government followed suit, sponsoring the creation of a single "United East Indies Company" that was also granted monopoly over the Asian trade. For a time in the seventeenth century, it
7830-639: The Lower Chao Phraya, and the Suphanburi (Suvarnabhumi), which dominated the west. The lower Chao Phraya Basin was also influenced by Angkorian culture but not direct Angkorian political and military influence. Ayutthaya, argued by Charnvit Kasetsiri , was the merger of four different port polities along the Lower Chao Phraya Basin: Lopburi (Lavo), Suphanburi, Ayutthaya, and Phetchaburi. Suphanburi had first sent
7975-478: The Northern Cities. Muslim and European mapmakers labelled the Malay Peninsula up to the Tenasserim coast as part of Ayutthaya in the 15th and early 16th centuries. Early Ayutthaya did not keep records and their early dynastic chronology is likely fabricated by later Ayutthaya elites writing their histories: the early chronology in the palace chronicles does not correlate with the Ayutthaya temple chronicles nor
8120-537: The Siamese state. Ayutthaya Kingdom The Ayutthaya Kingdom emerged from the mandala or merger of three maritime city-states on the Lower Chao Phraya Valley in the late 13th and 14th centuries ( Lopburi , Suphanburi , and Ayutthaya). The early kingdom was a maritime confederation, oriented to post- Srivijaya Maritime Southeast Asia, conducting raids and tribute from these maritime states. After two centuries of political organization from
8265-556: The VOC by 1685. Even more importantly, the Third Anglo-Dutch War temporarily interrupted VOC trade with Europe. This caused a spike in the price of pepper, which enticed the English East India Company (EIC) to enter this market aggressively in the years after 1672. Previously, one of the tenets of the VOC pricing policy was to slightly over-supply the pepper market, so as to depress prices below
8410-428: The VOC eclipsed all of its rivals in the Asian trade. Between 1602 and 1796 the VOC sent nearly a million Europeans to work in the Asia trade on 4,785 ships and netted for their efforts more than 2.5 million tons of Asian trade goods and slaves. By contrast, the rest of Europe combined sent only 882,412 people from 1500 to 1795, and the fleet of the English (later British) East India Company , the VOC's nearest competitor,
8555-493: The VOC in the Dutch Republic , the VOC made extensive use of local Asian labour markets. As a result, the personnel of the various VOC offices in Asia consisted of European and Asian employees. Asian or Eurasian workers could be employed as sailors, soldiers, writers, carpenters, smiths, or as simple unskilled workers. At the height of its existence, the VOC had 25,000 employees who worked in Asia and 11,000 who were en route. Also, while most of its shareholders were Dutch, about
8700-520: The VOC mainly operated in what later became the Dutch East Indies (modern Indonesia), the company also had important operations elsewhere. It employed people from different continents and origins in the same functions and working environments. Although it was a Dutch company, its employees included not only people from the Netherlands, but also many from Germany and other countries. Besides the diverse north-west European workforce recruited by
8845-571: The VOC tried to use military force to make Ming dynasty China open up to Dutch trade, the Chinese defeated the Dutch in a war over the Penghu islands from 1623 to 1624, forcing the VOC to abandon Penghu for Taiwan . The Chinese defeated the VOC again at the Battle of Liaoluo Bay in 1633. The Vietnamese Nguyen lords defeated the VOC in a 1643 battle during the Trịnh–Nguyễn War , blowing up
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#17327839922308990-448: The VOC's professionally designed logo. Those elements ensured its success at a time when the concept of the corporate identity was virtually unknown. An Australian vintner has used the VOC logo since the late 20th century, having re-registered the company's name for the purpose. Around the world, and especially in English-speaking countries, the VOC is widely known as the 'Dutch East India Company'. The name 'Dutch East India Company'
9135-421: The VOC's trade started in the early 1680s, after the temporary collapse of the EIC around 1683 offered an excellent opportunity to enter these markets. The actual cause for the change lies, however, in two structural features of this new era. In the first place, there was a revolutionary change in the tastes affecting European demand for Asian textiles, coffee and tea, around the turn of the 18th century. Secondly,
9280-508: The Zamorin was made to sign a treaty with the VOC undertaking to trade exclusively with the VOC and expel other European traders. For a brief time, this appeared to improve the company's prospects. However, in 1715, with EIC encouragement, the Zamorin renounced the treaty. Though a Dutch army managed to suppress this insurrection temporarily, the Zamorin continued to trade with the English and the French, which led to an appreciable upsurge in English and French traffic. The VOC decided in 1721 that it
9425-489: The anti-foreign court faction were primarily concerned with Catholic influence, there is evidence to suggest that Narai was equally interested in Islam, and had no desire to fully convert to either religion. Nonetheless, a dissatisfied faction now led by Narai's celebrated elephantry commander, Phetracha , had long planned a coup to remove Narai. When the king became seriously ill in May 1688, Phetracha and his accomplices had him arrested along with Phaulkon and many members of
9570-479: The border between the two adversaries continued for two years and at one time Narai seized Tavoy and Martaban. Ultimately, Narai and the Siamese ran out of supplies and returned home back within their border. While commercially thriving, Narai's reign was also socially tumultuous. Much of this can be attributed to three-way conflict between the Dutch , French , and English trading companies now operating in Siam at an unprecedented intensity due to Siam's role as
9715-401: The capital to press their claims, culminating in several bloody coups. With the dominance of the Suphanburi clan, it now had to face the militaristic nobles of the Northern Cities, who increasingly came south for wealth prospects at an increasingly wealthy and powerful Ayutthaya. The first real succession struggles in Ayutthaya occurred in the early 16th century, with the Northern lords playing
9860-431: The centuries following the fall of Ayutthaya. Ayutthaya's failure to create a peaceful order of succession and the introduction of capitalism undermined the traditional organization of its elite and the old bonds of labor control which formed the military and government organization of the kingdom. In the mid-18th century, the Burmese Konbaung dynasty invaded Ayutthaya in 1759–1760 and 1765–1767 . In April 1767, after
10005-532: The coastal regions, which were then occupied by the VOC, securing for it the monopoly over cinnamon. To prevent the Portuguese or the English from ever recapturing Sri Lanka , the VOC went on to conquer the entire Malabar Coast from the Portuguese, almost entirely driving them from the west coast of India. In 1652, Jan van Riebeeck established a resupply outpost at the Cape of Storms (the southwestern tip of Africa, now Cape Town , South Africa) to service company ships on their journey to and from East Asia. The cape
10150-418: The company at this time therefore were not hopeless, had one of the plans for reform been undertaken successfully. However, the Fourth Anglo-Dutch War intervened. British naval attacks in Europe and Asia reduced the VOC fleet by half; removed valuable cargo from its control; and eroded its remaining power in Asia. The direct losses of the VOC during the war can be calculated at 43 million guilders. Loans to keep
10295-458: The company operating reduced its net assets to zero. From 1720 on, the market for sugar from Indonesia declined as the competition from cheap sugar from Brazil increased. European markets became saturated. Dozens of Chinese sugar traders went bankrupt, which led to massive unemployment, which in turn led to gangs of unemployed coolies . The Dutch government in Batavia did not adequately respond to these problems. In 1740, rumours of deportation of
10440-401: The company's overhead rose in step with the growth in trade volume; declining gross margins translated directly into a decline in profitability of the invested capital. The era of expansion was one of "profitless growth". Specifically: "[t]he long-term average annual profit in the VOC's 1630–70 'Golden Age' was 2.1 million guilders, of which just under half was distributed as dividends and
10585-518: The context of the 20th-century imperial policies of foreign great powers and the Cold War. The roots of the conflict started at the beginning of the 14th century, when Tai people busily expanded their states and came to clash with established Vietnamese state in the east. During the latter centuries, as the Vietnamese expanding southward to the lower Mekong, they came to conflict with Cambodia and
10730-845: The court was led by two Prime Ministers ; the Samuha Nayok the Civil Prime Minister and the Samuha Kalahom the Grand Commander of Forces overseeing Civil and Military affairs, respectively. Under the Samuha Nayok were the Four Ministries. In the regions, the king sent not "rulers" but "governors" to govern cities. The cities were under governors who were from nobility not rulers with privileges as it had previously been. The "Hierarchy of Cities"
10875-432: The coveted spices or brought back to Europe. The VOC was also instrumental in introducing European ideas and technology to Asia. The company supported Christian missionaries and traded modern technology with China and Japan. A more peaceful VOC trade post on Dejima , an artificial island off the coast of Nagasaki , was for more than two hundred years the only place where Europeans were permitted to trade with Japan . When
11020-450: The crown. The ability to appoint a Front Palace was effective in times of war but became a double-edged sword in regards to peace. Foreigners, due to their lack of connections within the kingdom, often became prominent officials within the Ayutthaya court during this period. In 1605, Naresuan died of illness while on campaign against a Burmese spillover conflict in the Shan region, leaving
11165-482: The deterioration of revenues. To a large extent the costs of the operation of the VOC had a "fixed" character (military establishments; maintenance of the fleet and such). Profit levels might therefore have been maintained if the increase in the scale of trading operations that in fact took place had resulted in economies of scale . However, though larger ships transported the growing volume of goods, labour productivity did not go up sufficiently to realise these. In general
11310-507: The ethnically Thai Sukhothai or Suphanburi was the Xiān mentioned in Chinese sources, more recent scholarship, like Chris Baker and Pasuk Phongpaichit , argue that Xian referred to Ayutthaya as that was the same name later used for Ayutthaya by the Chinese court. Michael Vickery argued that it is likely the Chinese used Xian to refer to the lower Chao Phraya Basin from its inception. Recent 21st-century archaeological surveys have found that
11455-597: The fortunes of the VOC started to decline. Five major contributing factors are attributed to its decay in the 50 years between 1730 and 1780: Despite these problems, the VOC in 1780 remained an enormous operation. Its capital in the Republic, consisting of ships and goods in inventory, totalled 28 million guilders; its capital in Asia, consisting of the liquid trading fund and goods en route to Europe, totalled 46 million guilders. Total capital, net of outstanding debt, stood at 62 million guilders. The prospects of
11600-520: The gangs from the Batavia area led to widespread rioting. The Dutch military searched houses of Chinese in Batavia for weapons. When a house accidentally burnt down, military and impoverished citizens started slaughtering and pillaging the Chinese community. This massacre of the Chinese was deemed sufficiently serious for the board of the VOC to start an official investigation into the Government of
11745-469: The government phrai system in a variety of other ways, including entering the monkhood and fleeing into the wilderness. A new category for people now appeared in the late Ayutthaya records, called phrai mangmi, or a rich "serf". Dutch East India Company The United East India Company ( Dutch : Vereenigde Oostindische Compagnie [vərˈeːnɪɣdə ʔoːstˈɪndisə kɔmpɑˈɲi] ; abbreviated as VOC [veː(j)oːˈseː] ), commonly known as
11890-596: The increased profits of this declining trade. Nevertheless, this lesson was slow to sink in and at first the VOC made the strategic decision to improve its military position on the Malabar Coast (hoping thereby to curtail English influence in the area, and end the drain on its resources from the cost of the Malabar garrisons) by using force to compel the Zamorin of Calicut to submit to Dutch domination. In 1710,
12035-480: The interim could only do this by selling their share to others on the Amsterdam Stock Exchange . Confusion of confusions , a 1688 dialogue by the Sephardi Jew Joseph de la Vega analysed the workings of this one-stock exchange. The VOC consisted of six Chambers ( Kamers ) in port cities: Amsterdam , Delft , Rotterdam , Enkhuizen , Middelburg and Hoorn . Delegates of these chambers convened as
12180-527: The island of Timor , Dutch advances were halted by an autonomous and powerful group of Portuguese Eurasians called the Topasses . They remained in control of the Sandalwood trade and their resistance lasted throughout the 17th and 18th centuries, causing Portuguese Timor to remain under the Portuguese sphere of control. At the time, it was customary for a company to be funded only for the duration of
12325-601: The issue by orchestrating the final dethronement and execution of the child king in 1629. Thus, Prasat Thong had completely usurped the kingdom by double (perhaps triple) regicide, extinguishing the Sukhothai dynasty 60 years after its installation by the Burmese. Many of King Prasat Thong's former allies abandoned his cause following his ascension to the throne. In the course of quelling such resistance, Prasat Thong assassinated his former ally Yamada Nagamasa in 1630 (who now opposed Prasat Thong's coup), and promptly banished all
12470-664: The issue of succession generated conflict once again when both King Songtham's brother, Prince Sisin, and his son, Prince Chetthathirat , found support for their claims among the Siamese court. Although Thai tradition typically favored brothers over sons in matters of inheritance, Songtham enlisted the help of his influential cousin, Prasat Thong to ensure his son would inherit the kingdom instead. When Songtham died in 1628, Prasat Thong used his alliance with Yamada Nagamasa's mercenaries to purge everyone who had supported Prince Sisin's claim, eventually capturing and executing Sisin as well. Soon Prasat Thong became more powerful in Siam than
12615-424: The king. Ekathotsarot's era ended with his death in 1610/11. The question of his succession was complicated by the alleged suicide of his eldest legitimate son, Suthat, while his second legitimate son, Si Saowaphak , was never legally designated as an heir by Ekathotsarot himself. Nonetheless, Si Saowaphak succeeded to the throne against his late father's wishes, and led a short and ineffective reign in which he
12760-470: The late 15th century. Song China's increasing interests to sea commerce at the turn of the second millennium made trade between China and the Indian Ocean especially lucrative. In the 1430s, Ayutthaya attacked Angkor , but did not sack the city, although Ayutthaya did install a short-lived puppet ruler. Palace Law Codes under Borommatrailokkanat exemplified the newfound attention to warfare, citing
12905-776: The late 18th century, the company went bankrupt and was formally dissolved in 1799. Its possessions and debt were taken over by the government of the Dutch Batavian Republic . In Dutch, the name of the company was the Vereenigde Nederlandsche Geoctroyeerde Oostindische Compagnie (abbreviated as the VOC), literally the 'United Dutch Chartered East India Company' (the United East India Company). The company's monogram logo consisted of
13050-496: The latter came close to bankruptcy; its share price plummeted from 600 to 250; and its president Josiah Child was temporarily forced from office. However, the writing was on the wall. Other companies, like the French East India Company and the Danish East India Company also started to make inroads on the Dutch system. The VOC therefore closed the theretofore flourishing open pepper emporium of Bantam by
13195-500: The latter period, 3.4 percent." Nevertheless, in the eyes of investors the VOC did not do too badly. The share price hovered consistently around the 400 mark from the mid-1680s (excepting a hiccup around the Glorious Revolution in 1688), and they reached an all-time high of around 642 in the 1720s. VOC shares then yielded a return of 3.5 percent, only slightly less than the yield on Dutch government bonds. After 1730,
13340-454: The level where interlopers were encouraged to enter the market (instead of striving for short-term profit maximisation ). The wisdom of such a policy was illustrated when a fierce price war with the EIC ensued, as that company flooded the market with new supplies from India. In this struggle for market share, the VOC (which had much larger financial resources) could wait out the EIC. Indeed, by 1683,
13485-511: The lucrative middleman for trade between the global empires of the Early Modern World. Kings and nobles turned to hunting, trade, and the competition for the throne with the ending of warfare. This period of Ayutthaya is also characterized by the emergence of mercantile absolutism, where the king had a virtual monopoly on all incomes into the kingdom, allowing the king to build new temples and palaces, sponsor ceremonies, and enshroud
13630-711: The merger between North and South, the Lan Na Kingdom , a state North of Ayutthaya (modern-day Northern Thailand ), contested Ayutthaya's growing influence over the Northern Cities. The Ayutthaya-Lan Na War was fought over the Upper Chao Phraya valley for control of the Northern Cities. Whether he preferred the Northern Cities to Ayutthaya or the necessity to have a capital closer to the war, Borommatrailokkanat moved his capital to Phitsanulok . Lan Na suffered setbacks and Borommatrailokkanat eventually sued for peace in 1475. Ayutthaya's sphere of influence down
13775-402: The monarchy in ritual mysticism. The king had the power to appoint governors of cities in the inner Ayutthaya mueang (cities) as well as appoint ministers in charge of the government. This however all made the target of the throne much more lucrative and rewarding than before. To be able to successfully put your target onto the throne would immensely reward its facilitators as much as the winner of
13920-656: The most celebrated accomplishments of his reign. Narai as well leased the ports of Bangkok and Mergui to the French, and had many French generals incorporated into his army to train it in Western strategy and supervise the construction of European-style forts. During this time, Narai abandoned the traditional capital of Ayutthaya for a new Jesuit-designed palace in Lopburi . As a growing Catholic presence cemented itself in Siam, and an unprecedented number of French forts were erected and garrisoned on land leased by Narai,
14065-570: The name of pre-Ayutthaya cities is Ayodhaya Sriramthep Nakorn ( Thai : อโยธยาศรีรามเทพนคร ) found on Wat Khao Kop Inscription (N.W. 2, Face 2, Line 21) aged 14th–15th centuries, as stated in the Thai Chronicle, Phraratchaphongsawadan Nuea (Royal Chronicle of The North compiled in 1807 collected from old books from period of King Narai and stories told by northerners). At least three royal decrees in Thai were enacted during that period, and
14210-536: The name of the king who ruled Ayodhaya in the oldest of the three royal decrees, the Miscellaneous Laws (Phra Aiyakan Betset) 1225 AD , is found as King Uthong, who reigned from 1205 to 53 (not to be confused with King Uthong reigning from 1351 to 69). It was also found that Thai was used as the official language at that time, which reflected the social changes of the people in the Chao Phraya River Basin. The existence of Ayodhya Sri Rama Thep Nakhon
14355-491: The newly crowned King Chetthathriat, and through further intrigue staged a coup in which Chetthathirat was deposed and executed in favor of his even younger brother Athittayawong , whom Prasat Thong intended to use as a puppet ruler. This form of government was quickly met with resistance by elements within the Thai court who were dissatisfied with the idea of having two acting heads of state. Since Prasat Thong already ruled Siam in all but name as Kalahom , he opted to resolve
14500-432: The next two centuries the company acquired additional ports as trading bases and safeguarded their interests by taking over surrounding territory. It remained an important trading concern and paid annual dividends that averaged to about 18% of the capital for almost 200 years. Much of the labor that built its colonies was from people it had enslaved. Weighed down by smuggling, corruption and growing administrative costs in
14645-542: The north coast of Java , losing twelve crew members to a Javanese attack at Sidayu and killing a local ruler in Madura . Half the crew were lost before the expedition made it back to the Netherlands the following year, but with enough spices to make a considerable profit. In 1598, an increasing number of fleets were sent out by competing merchant groups from around the Netherlands. Some fleets were lost, but most were successful, with some voyages producing high profits. In 1598,
14790-421: The old city Sangkaburi was abandoned. Khodhom ruled the new city for 30 years then his son, Kothrabong (โคตรบอง), took over the throne in 1004. Later in 1022, Kothrabong lost power to Kreak (แกรก), a commoner from Lavo , who was then crowned as the new ruler named Sinthapomarin (สินธพอมรินทร์). Because Kreak was not originally considered a royal lineage, after he died in 1081, the throne was despoiled by Narai,
14935-513: The only thing known about Uthong in the chronicles is the year of his death. In the 1290s through to the 1490s, Ayutthaya sent forces down to the peninsula and demanded tribute from the Malay principalities all the way down to Temasek ( Singapura (modern Singapore)) and Sumatra . The early Ayutthaya polity was a maritime-oriented confederation, more in line with the Malay polities of Maritime Southeast Asia than with states inland like Sukhothai and
15080-433: The peninsula around this time period. The 1430s through to 1600 marked a period of rising warfare throughout Mainland Southeast Asia. In 1500, the Portuguese noted that Ayutthaya had 100 elephants, 50 years later, Ayutthaya had 50,000 elephants. Ayutthaya began launching military land expeditions far to the west and east. In the west, Ayutthaya fought to acquire the cities of Tavoy , Mergui , Tenasserim, and Martaban in
15225-604: The peninsula was contested by the Malacca Sultanate . Ayutthaya launched several abortive conquests against Malacca which was diplomatically and economically fortified by the military support of Ming China . In the early-15th century the Ming admiral Zheng He established a base of operation in the port city, making it a strategic position the Chinese could not afford to lose to the Siamese. Under this protection, Malacca flourished, becoming one of Ayutthaya's great foes until
15370-573: The population of Indos in pre-colonial history . Around 1670, two events caused the growth of VOC trade to stall. In the first place, the highly profitable trade with Japan started to decline. The loss of the outpost on Formosa to Koxinga in the 1662 siege of Fort Zeelandia and related internal turmoil in China (where the Ming dynasty was being replaced with the China's Qing dynasty ) brought an end to
15515-408: The remainder reinvested. The long-term average annual profit in the 'Expansion Age' (1680–1730) was 2.0 million guilders, of which three-quarters was distributed as dividend and one-quarter reinvested. In the earlier period, profits averaged 18 percent of total revenues; in the latter period, 10 percent. The annual return of invested capital in the earlier period stood at approximately 6 percent; in
15660-504: The remaining Japanese from Siam. While a community of Japanese exiles were eventually welcomed back into the country, this event marks the end of the Tokugawa Shogunate's long-standing formal relationship with the Ayutthaya Kingdom. Upon his death in 1656, King Prasat Thong was succeeded first by his eldest son, Chai , who was almost immediately deposed and executed by the late King's brother, Si Suthammaracha , who in turn
15805-499: The risk of despotic governors-general, a Council of the Indies ( Raad van Indië ) was created. The governor-general effectively became the main administrator of the VOC's activities in Asia, although the Heeren XVII , a body of 17 shareholders representing different chambers, continued to officially have overall control. VOC headquarters were located in Ambon during the tenures of the first three governors-general (1610–1619), but it
15950-508: The royal family, all of whom were put to death besides Narai, who died in captivity in July of that year. With the king and his heirs out of the way, Phetracha then usurped the throne and officially crowned himself King of Ayutthaya on 1 August. King Phetracha took Mergui back from French control almost immediately, and began the pivotal Siege of Bangkok , which culminated in an official French retreat from Siam. Phetracha's reign, however,
16095-420: The silk trade after 1666. Though the VOC substituted Mughal Bengal 's for Chinese silk, other forces affected the supply of Japanese silver and gold. The shogunate enacted a number of measures to limit the export of these precious metals, in the process limiting VOC opportunities for trade, and severely worsening the terms of trade. Therefore, Japan ceased to function as the linchpin of the intra-Asiatic trade of
16240-462: The son of King Chadachota from Lavo Kingdom, who was of the lineage of the previous Sangkaburi's kings. Narai renamed the city Ayodhya (อโยธยา) and eventually set it as the new capital of the Lavo Kingdom during his reign. The former capital was then renamed Lopburi . After the end of Narai's reign in 1147, Ayodhya fell under the power struggles between nine amatyas for two years, until
16385-491: The son of Sanphet I, proclaimed Ayutthaya's independence. This proclamation resulted in repeated invasions of Ayutthaya by Burma which the Siamese fought off ultimately finishing in an elephant duel between King Naresuan and Burmese heir-apparent Mingyi Swa in 1593 during the fourth siege of Ayutthaya in which Naresuan famously slew Mingyi Swa, although the existence of this battle has been challenged by modern scholars such as Sulak Sivaraksa . Today, this Siamese victory
16530-414: The spice trade had therefore failed. The company had however already (reluctantly) followed the example of its European competitors in diversifying into other Asian commodities, like tea, coffee, cotton, textiles, and sugar. These commodities provided a lower profit margin and therefore required a larger sales volume to generate the same amount of revenue. This structural change in the commodity composition of
16675-577: The throne was given to Phra Chao Luang (พระเจ้าหลวง), who relocated the city, in 1157, southward to the east bank of the Chao Phraya River near the mouth of the Mae Bea River (แม่น้ำแม่เบี้ย), south of the present Wat Phanan Choeng . The new city was later named Sena Ratchanakhon (เสนาราชนคร) by his successor, Duangkrien Kritnarat (ดวงเกรียนกฤษณราช) or Sai Nam Peung who was appointed the new ruler by his father, Kraisornrat (ไกรสรราช) who
16820-529: The throne. An Ayutthaya noble in the 18th century lamented that a large portion of court officials and able generals were killed in multiple succession struggles over the past 90 years. The last monarch, Ekkathat , alongside his brother, Uthumphon , undermined Prince Thammathibet , the Front Palace Uparaj and designated heir to his father, King Borommakot , by instigating or exposing his affair with two of his fathers' consorts. Prince Thammathibet
16965-487: The time made this difficult to discern for the managers of the company, which may partly explain the mistakes they made from hindsight. This lack of information might have been counteracted (as in earlier times in the VOC's history) by the business acumen of the directors. By this time these were almost exclusively recruited from the political regent class, which had long since lost its close relationship with merchant circles. Low profit margins in themselves do not explain
17110-420: The time. The innovation in the case of the VOC was that the liability of not just the participanten but also of the bewindhebbers was limited to the paid-in capital (usually, bewindhebbers had unlimited liability). The VOC therefore was a limited liability company . Also, the capital would be permanent during the lifetime of the company. As a consequence, investors that wished to liquidate their interest in
17255-531: The trade. At the same time, the Portuguese trade system was unable to increase supply to satisfy growing demand, in particular the demand for pepper. Demand for spices was relatively inelastic ; therefore, each lag in the supply of pepper caused a sharp rise in pepper prices. In 1580, the Portuguese crown was united in a personal union with the Spanish crown (known as the Iberian Union ), with which
17400-455: The vassal king. In 1568, Mahinthrathirat revolted when his father managed to return from Pegu as a Buddhist monk . The ensuing third siege captured Ayutthaya in 1569 and Bayinnaung made Maha Thammarachathirat (also known as Sanphet I) his vassal king, instating the Sukhothai dynasty . In May 1584, less than three years after Bayinnaung's death, Uparaja Naresuan (or Sanphet II),
17545-488: Was a distant second to its total traffic with 2,690 ships and a mere one-fifth the tonnage of goods carried by the VOC. The VOC enjoyed huge profits from its spice monopoly and slave trading activities through most of the 17th century. Having been set up in 1602 to profit from the Malukan spice trade, the VOC established a capital in the port city of Jayakarta in 1619 and changed its name to Batavia (now Jakarta ). Over
17690-591: Was able to monopolise the trade in nutmeg, mace, and cloves and to sell these spices across European kingdoms and Emperor Akbar the Great's Mughal Empire at 14–17 times the price it paid in Indonesia ; While Dutch profits soared, the local economy of the Spice Islands was destroyed, because as a monopoly buyer, the VOC forced the prices paid to the local producers in the Spice Islands down to low levels. With
17835-399: Was also referred to as Iudea in a painting requested by the Dutch East India Company . The capital city of Ayutthaya is officially known as Krung Thep Dvaravati Si Ayutthaya ( Thai : กรุงเทพทวารวดีศรีอยุธยา ), as documented in historical sources. The lower Chao Phraya Basin around the turn of the second millennium was split between Lavo Kingdom , which dominated the eastern half of
17980-509: Was also the Lopburi's king. The city of Ayodhya was abandoned in 1211. After Lopburi 's King Kraisornrat died with no heir apparent, the king of Phraek Siracha (present-day Sankhaburi ), who was the grandfather of Ayutthaya's first king, Uthong , took over the throne. After he died in 1319, both Lopburi and the city of Sena Ratchanakhon was considered royal inheritances for his daughter, who later passed it to her son, Uthong. Ayutthaya
18125-420: Was annexed by both powers, who conceived, maintained and supported their favorable Cambodian puppet kings. Actual combat mainly took place on Cambodian territory or on occupied lands. The 19th-century establishment of French Indochina put an end to Vietnamese sovereignty and to Siamese policies of regional expansion. Subsequent clashes of the two countries were not caused by regional rivalry, but must be viewed in
18270-706: Was appointed governor-general of the VOC. He saw the possibility of the VOC becoming an Asian power, both political and economic. On 30 May 1619, Coen, backed by a force of nineteen ships, stormed Jayakarta, driving out the Banten forces; and from the ashes established Batavia as the VOC headquarters. In the 1620s almost the entire native population of the Banda Islands was driven away, starved to death, or killed in an attempt to replace them with Dutch plantations. These plantations were used to grow nutmeg for export. Coen hoped to settle large numbers of Dutch colonists in
18415-505: Was approximately to double the size of the company. The tonnage of the returning ships rose by 125 percent in this period. However, the company's revenues from the sale of goods landed in Europe rose by only 78 percent. This reflects the basic change in the VOC's circumstances that had occurred: it now operated in new markets for goods with an elastic demand, in which it had to compete on an equal footing with other suppliers. This made for low profit margins. The business information systems of
18560-701: Was controlled by a powerful local ruler and subject to stiff competition from Chinese and English traders. In 1604, a second English East India Company voyage commanded by Sir Henry Middleton reached the islands of Ternate , Tidore , Ambon and Banda . In Banda, they encountered severe VOC hostility, sparking Anglo-Dutch competition for access to spices. From 1611 to 1617, the English established trading posts at Sukadana (southwest Kalimantan ), Makassar , Jayakarta and Jepara in Java , and Aceh, Pariaman and Jambi in Sumatra , which threatened Dutch ambitions for
18705-414: Was defeated in single combat by his own nephew, Narai . Narai finally assumed a stable position as King of Ayutthaya with the support of a mainly foreign court faction consisting of groups that had been marginalized during the reign of his father, Prasat Thong. Among his benefactors were, notably, Persian, Dutch, and Japanese mercenaries. It should therefore come as no surprise that the era of King Narai
18850-547: Was eager to import rice from other nations, particularly from Ayutthaya. During the Late Ayutthaya Period (1688–1767), the Chinese population in Ayutthaya possibly tripled in size to 30,000 from 1680 to 1767. The Chinese played a pivotal role in stimulating Ayutthaya's economy in the last 100 years of the kingdom's existence and eventually played a pivotal role in Siam's quick recovery from the Burmese invasions of
18995-453: Was established and cities were organized into four levels. Large, top level cities held authorities over secondary or low-level cities. The increased wealth of Ayutthaya resulted in the beginnings of a chronic succession struggle for the Ayutthaya throne. Due to the lack of stable succession law , from each succession from the 16th century onwards, princely governors or powerful dignitaries claiming their merit gathered their forces and moved on
19140-422: Was executed for his alleged crimes. Corruption was rampant due to economic prosperity. Position buying and bribery for political offices became commonplace. The mass arrival of Chinese farming settlers to Siam in 18th century introduced Capitalism to Siam. The past 150 years of growth encouraged phrai to flee the bonds of government control and become peasant farmers in the countryside to earn wealth. People fled
19285-543: Was his distant relative. The king would appoint a prince or a relative to be the ruler of a city, and a city that was ruled by a prince was called Muang Look Luang ( Thai : เมืองลูกหลวง ). Each city ruler swore allegiance and loyalty to the King of Ayutthaya but also retained certain privileges. Politics of Early Ayutthaya was characterized by rivalries between the two dynasties; the Uthong dynasty based on Lopburi (Lavo) and
19430-592: Was inadequate to govern relatively vast territories. The government of Ayutthaya was centralized and institutionalized under King Borommatrailokkanat in his reforms promulgating in Palatine Law of 1455, which became the constitution of Ayutthaya for the rest of its existence and continued to be the constitution of Siam until 1892, albeit in altered forms. The central government was dominated by the Chatusadom system ( Thai : จตุสดมภ์ lit. "Four Pillars), in which
19575-464: Was kidnapped and held hostage by Japanese merchants, and later murdered. After this episode, the kingdom was handed to Songtham , a lesser son born of Ekathotsarot and a first-class concubine. Songtham temporarily restored stability to Ayutthaya and focused inward on religious construction projects, most notably a great temple at Wat Phra Phutthabat . In the sphere of foreign policy, Songtham lost suzerainty of Lan Na, Cambodia and Tavoy, expelled
19720-438: Was known for Persian and later, European, influence and the sending of the 1686 Siamese embassy to the French court of King Louis XIV . The Late Ayutthaya Period saw the departure of the French and English but growing prominence of the Chinese. The period was described as a "golden age" of Siamese culture and saw the rise in Chinese trade and the introduction of capitalism into Siam, a development that would continue to expand in
19865-554: Was later renamed Cape of Good Hope in honour of the outpost's presence. Although non-company ships were welcome to use the station, they were charged exorbitantly. This post later became a full-fledged colony, the Cape Colony , when more Dutch and other Europeans started to settle there. Through the seventeenth century VOC trading posts were also established in Persia , Bengal , Malacca , Siam , Formosa (now Taiwan), as well as
20010-487: Was no longer worth the trouble to try to dominate the Malabar pepper and spice trade. A strategic decision was taken to scale down the Dutch military presence and in effect yield the area to EIC influence. In the 1741 Battle of Colachel , warriors of Travancore under Raja Marthanda Varma defeated the Dutch. The Dutch commander Captain Eustachius De Lannoy was captured. Marthanda Varma agreed to spare
20155-407: Was not a satisfactory location. Although it was at the centre of the spice production areas, it was far from the Asian trade routes and other VOC areas of activity ranging from Africa to India to Japan. A location in the west of the archipelago was thus sought. The Straits of Malacca were strategic but became dangerous following the Portuguese conquest, and the first permanent VOC settlement in Banten
20300-452: Was not stable. Many of Phetracha's provincial governors refused to recognize his rule as legitimate, and rebellions by the late Narai's supporters persisted for many years. The most important change to Siam in the aftermath of the revolution was Phetracha's refusal to continue Narai's foreign embassies. King Phetracha opted instead to reverse much of Narai's decisions and closed Thailand to almost all forms of European interaction except with
20445-531: Was one of an extroverted Siam. Foreign trade brought Ayutthaya not only luxury items but also new arms and weapons. In the mid–17th century, during King Narai 's reign, Ayutthaya became very prosperous. In 1662 war between Burma and Ayutthaya (the Burmese-Siamese War (1662-64) ) erupted again when King Narai attempted to take advantage of unrest in Burma to seize control of Lan Na. Fighting along
20590-464: Was primarily religious, as the French Jesuits were openly attempting to convert Narai and the royal family to Catholicism . Narai was courted not just by Catholic conversion, but as well by proselytizing Muslim Persians, Chams and Makassars in his court, the later of which communities launched an unsuccessful revolt in 1686 to replace Narai with a Muslim puppet king. While members of
20735-649: Was renewed several times, but was allowed to expire on 31 December 1799. Most of the possessions of the former VOC were subsequently occupied by Great Britain during the Napoleonic wars , but after the new United Kingdom of the Netherlands was created by the Congress of Vienna , some of these were restored to this successor state of the Dutch Republic by the Anglo-Dutch Treaty of 1814 . While
20880-534: Was such a rich prize that her sale proceeds increased the capital of the VOC by more than 50%. Also in 1603, the first permanent Dutch trading post in Indonesia was established in Banten , West Java , and in 1611, another was established at Jayakarta (later "Batavia" and then "Jakarta"). In 1610, the VOC established the post of governor-general to more firmly control their affairs in Asia. To advise and control
21025-421: Was traditionally founded by King Uthong on 4 March 1351. This fact, however, has been subject to long scholarly debate. According to Chris Baker-Pasuk Phongpaichit, there are at least seven legends about who Uthong was: "a Northern Thai prince, a fugitive Chinese prince from the sea, a Khmer noble from Angkor, a ruler from one of the gulf cities, or a Chola ." Other than being the legendary founder of Ayutthaya,
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